I originally wanted to wait until after the possible Rebound from mid-November to December before drawing a conclusion.

But considering various situations at the moment, it can be said that this cycle has come to an end.

Looking back over the past four years, the broader cycles have been managed fairly well, but the actual details have performed poorly. It can be stated very frankly that within one cycle, there were two instances of earning eight figures and two instances of losing eight figures. Ultimately, there may be a small profit on paper, but compared to expectations, it amounts to doing it for nothing.

Entering the next cycle, it is first assumed that the cycle is still ongoing. In fact, it naturally transitions to the change of the cycle. Finally, the different basic conditions of different cycles determine the differences in the paths within the cycle.

Starting from this point, long-term short positions are anticipated to last at least 8 months. However, the expectation should be lowered, with a target of 30%-50% capital growth that can be used for increasing long positions when a potential bottom appears after one year.